Insurance Manager
1 week ago
To safeguard company assets and ensure maximum claim recovery by leading all insurance-related processes, while independently managing the end-to-end documentation and
compliance lifecycle of the company's LPG fleet. This role functions as a standalone
department, liaising with Logistics, Operations, and Finance.
Key Responsibilities
Insurance & Claims
Lead end-to-end motor insurance claim handling: intimation, surveyor coordination,
documentation, and settlement.
Track all insurance policies to ensure timely renewals with zero lapses.
Ensure Hazardous Goods (HAZ) licenses are valid for all fleet vehicles.
Negotiate and escalate with insurers to minimize rejections or delays.
Maintain a live tracker of claims: filed, in process, settled, rejected.
Vehicle Documentation & Compliance
Maintain master register of all vehicles: RC, permits, tax, fitness, PUC, hypothecation,
NOCs, and loan documents.
Proactively manage renewals with advance alerts, ensuring full compliance.
Coordinate with RTOs, banks/NBFCs, and transport authorities for clearances.
Ensure yard/operations teams maintain up-to-date documents on all trucks.
Risk & Reporting
Standardize documentation checklists for accident claims and compliance renewals.
Submit monthly dashboard covering:
o Claim status and amounts recovered/lost
o Document renewals due/overdue
o Financial exposure from pending claims or lapses
Identify recurring problems in claims or documentation and propose fixes.
Key Performance Indicators (KPIs)
% of claims settled vs. filed
Average time for claim settlement
% of timely renewals (target: 100%)
Value of claims successfully recovered vs. lost due to documentation gaps
Accuracy of master register and reporting dashboards
Candidate Profile
Experience: 15–25 years in Insurance, Banking, or Transport Compliance; retired
PSU/insurance officers encouraged.
Education: Graduate; Insurance/Risk/Compliance certifications preferred.
Skills: Strong negotiation, regulatory knowledge, documentation accuracy,
RTO/insurance processes.
Traits: Integrity, persistence, strong follow-up discipline, ability to guide support staff.
Compensation
Negotiable based on experience
Job Types: Full-time, Permanent
Pay: ₹30, ₹70,000.00 per month
Work Location: In person
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